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Jan 26, 2013
01/13
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tax funder deal gave egypt some of the advanced military technology in america's arsenal. can we trust morsi's young regime with these weapons. >> temperatures plummet to dangerous levels. a winter storm is brewing and we will tell you how long the freezing cold will stick around. >> paul ryan coming out swinging setting the stage for a new round of budget battles in president obama's second term. he just wrapped up his speech at the national review institute warning fellow republicans to carefully pick their fight with the democrats or risk being miss cast on divisive issues. >> the way he felt it it's the president and only the president who is trying to fix our bridges to feed our children to care for our seniors to clean our water. frankly, he must be exhausted. i know we are. but we can't get rattled. we won't play the villain in his morality plays. we have to stay united. we have to show that if given the chance we can govern. >> molly henneberg is live in washington with more. >> trying to buoy his fellow conservatives. paul ryan said republicans and conservatives w
tax funder deal gave egypt some of the advanced military technology in america's arsenal. can we trust morsi's young regime with these weapons. >> temperatures plummet to dangerous levels. a winter storm is brewing and we will tell you how long the freezing cold will stick around. >> paul ryan coming out swinging setting the stage for a new round of budget battles in president obama's second term. he just wrapped up his speech at the national review institute warning fellow...
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Nov 17, 2013
11/13
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you proposed to cut corporate taxes 35% to 32.5%. that sounds like ronald reagan or jfk or both. >> well, i put something on the table at the meeting the other day because -- i feel like you have to start with something. there was lot of discussion of sort of general economic principles and -- where we are going and what the -- future economy looks like. i felt, hey, we are in the budget conference here. here is a proposal. i don't expect that it will become the final deal. but i said at the time that -- here is some -- here something that -- has -- has something in it that everybody can hate. by definition that's where we have to end up. one side or the other can't win it all. mine -- the math mattics of washington are straightforward. you have a democratic president, a republican house, and a democratic senate, although the republicans in the senate have substantial power because of the rules, and that means nothing happens without bipartisan support. it is just -- it is just -- absolutely is a dead certain and so -- everybody has
you proposed to cut corporate taxes 35% to 32.5%. that sounds like ronald reagan or jfk or both. >> well, i put something on the table at the meeting the other day because -- i feel like you have to start with something. there was lot of discussion of sort of general economic principles and -- where we are going and what the -- future economy looks like. i felt, hey, we are in the budget conference here. here is a proposal. i don't expect that it will become the final deal. but i said at...
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Dec 2, 2013
12/13
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and vital stats and what you put on the tax return, insurance companies need to verify that and those forced to do it through the obama website and healthcare.gov, are not able to do. that we hear it is not working cleanly. and as time ticks by. insurance companies are looking for our tech people to come in and solve the problem. >> they are in the business to make money. eligibility verikdz. and the phrase you will hear about. that is still not happening, right? >> no, it is enormous. that's how they price the p and get you over the finish line and look at the fixes and blue cross blue shield where they hired temporary people to come back and the information was filled incorrectly in the field. and now places like florida and even reports in connecticut, where they are saying, maybe we need to interact with the state's website to it verify the information. and maybe we need to hire an outside vendor to verify the information without relying on the federal website. >> say norred? >> florida, ohio and texas, they have pilot programs where they are trying to figure out nuts and bolts on
and vital stats and what you put on the tax return, insurance companies need to verify that and those forced to do it through the obama website and healthcare.gov, are not able to do. that we hear it is not working cleanly. and as time ticks by. insurance companies are looking for our tech people to come in and solve the problem. >> they are in the business to make money. eligibility verikdz. and the phrase you will hear about. that is still not happening, right? >> no, it is...
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Jul 20, 2013
07/13
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a retired irs tax law specialist. and he now ties an obama appoint knee major democratic donor to the targeting of tea party groups that applied for tax exempt stat with us the irs. william wilkins is name he raises, irs chief legal counselor. according to hall, wilkins' office was included in the meetings where he was given unusual instructions for how to handle tea party applications. >> summer of 2011 i recall attending two meetings related to the tea party applications. in july 201 i attend ad meeting with miss lerner, miss candell and chief counsel office present. miss lerner said the application should be referred to ad adversary and not tea party. >> has the testimony given a clearer picture of how high up the irs targeting scandal goes? let's ask ohio congressman mike, member of the house oversight committee p good afternoon. >> thank you. >> this has been going on for a long time now. a lot of questions have been asked. has your committee gotten different answers? more compelling and more introspective answer
a retired irs tax law specialist. and he now ties an obama appoint knee major democratic donor to the targeting of tea party groups that applied for tax exempt stat with us the irs. william wilkins is name he raises, irs chief legal counselor. according to hall, wilkins' office was included in the meetings where he was given unusual instructions for how to handle tea party applications. >> summer of 2011 i recall attending two meetings related to the tea party applications. in july 201 i...
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Feb 3, 2013
02/13
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he seem, to we can tax, spend and regulate ourselves to prosperity. the private sector is asking for certainty. because the president doesn't want to pass a budget or modernize spending for bietlements. he is the big issue. it is up to him to take a long look in the mirror. i agree that congress has played a role. he needs to stop worrying about destroying republicans and start worrying about growing the economy. >> eric: joe, is that true? is he the biggest obstacle? >> the president is the steward of the overall economy. but both leaders of both parties have to look themselves in the mirror and they do -- look. there are two issues to focus upon, very pragmatic. the first is the star runningback. small businesses. a few years ago, we used to have 36 new small businesses that create 60% of all new jobs for every 10,000 citizens. today, we have 18, exactly half new businesses starting up each year. we should relieve small businesses of tax costs, they create the jobs for the spectators in the stadium. number 2, the debt -- both parties should have sai
he seem, to we can tax, spend and regulate ourselves to prosperity. the private sector is asking for certainty. because the president doesn't want to pass a budget or modernize spending for bietlements. he is the big issue. it is up to him to take a long look in the mirror. i agree that congress has played a role. he needs to stop worrying about destroying republicans and start worrying about growing the economy. >> eric: joe, is that true? is he the biggest obstacle? >> the...
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Jun 15, 2013
06/13
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how the tax agency may be in store for major shake-up. >>> plus, a remarkable recovery emerging from the tragedy of the boston marathon bombings. the comeback story of a wounded officer, next. >> such a tremendous -- you know, i don't even know if i could call it just boston. for me, it's been across trl would, especially the states and in boston in general. it's been a heck of a job coming together and supporting the folks that have been most supported by this. ♪ [ female announcer ] he could be the one. soulmate. husband. loving father to your children. but first you've got to get him to say, "hello." new crest 3d white arctic fresh toothpaste. use it with these 3d white products, and whiten your teeth in just 2 days. what will a 3d white smile do for you? new crest 3d white toothpaste. life opens up when you do. >>> some good news to report this saturday. a transit police officer injured in a shoot-out with the boston marathon bombing suspect is going home. after being discharged from the hospital. we have new reaction now from th and his wife. >> i've got letters from two conti
how the tax agency may be in store for major shake-up. >>> plus, a remarkable recovery emerging from the tragedy of the boston marathon bombings. the comeback story of a wounded officer, next. >> such a tremendous -- you know, i don't even know if i could call it just boston. for me, it's been across trl would, especially the states and in boston in general. it's been a heck of a job coming together and supporting the folks that have been most supported by this. ♪ [ female...
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Nov 9, 2013
11/13
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raising the capital gains tax is a nonstarter. >> the republicans are saying read my lips, no new taxes. either imposed or in the form of a tax break being taken away. however, there might be a little wiggle room there. they always go to the entitlement column to look for ways to get rid of or reduce some spending that's unnecessary at the very least reckless. in their assessment. is that a possible place for spending cuts and compromise on the democrat's part? >> i absolutely believe there is. there's some indication the white house will go along. the if is the big issue. will the republicans agree to some sort of tax reform that perhaps lowers rates, gets rid of deductions, does corporate tax reform as well to repatriate money. you put the two together, entitlement reform, tax reform, you can raise revenue, you can cut costs of these entitlement programs and begin to solve the problem of budget deficit and deficit spending. >> so martha, you hear doug's equation. cuts coupled with some revenue increases. would you think that would make for a potential deal? >> look, doug's giving musi
raising the capital gains tax is a nonstarter. >> the republicans are saying read my lips, no new taxes. either imposed or in the form of a tax break being taken away. however, there might be a little wiggle room there. they always go to the entitlement column to look for ways to get rid of or reduce some spending that's unnecessary at the very least reckless. in their assessment. is that a possible place for spending cuts and compromise on the democrat's part? >> i absolutely...
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Mar 2, 2013
03/13
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nothing is state your name but death and taxings. another doctor said death may not be permanent after all. the doctor is it joining us live. stay with us. . [ coughs ] [ angry gibberish ] i took something for my sinus, but i still have this cough. [ male announcer ] a lot of sinus products don't treat cough. they don't? [ male announcer ] nope, but alka seltzer plus severe sinus does it treats your worst sinus symptoms, plus that annoying cough. [ breathes deeply ] ♪ oh, what a relief it is! [ angry gibberish ] [ whispering ] that's crazy, the cookie's the best part. crème. cooe. crème. stop yelling. you stop yelling. [ whispering ] both of you stop yelling. [ whispering ] i'm trying to read. [ male announcer ] choose your side at oreo.com. they're now coming up with prevousee unthinkable outcomes rewriting the bound ryes of life and death. one of the leading experts. say that death is reverse able and he documents the findings in the findings. doctor, great to center you here. >> thank you. >> your findings are creating a buzz
nothing is state your name but death and taxings. another doctor said death may not be permanent after all. the doctor is it joining us live. stay with us. . [ coughs ] [ angry gibberish ] i took something for my sinus, but i still have this cough. [ male announcer ] a lot of sinus products don't treat cough. they don't? [ male announcer ] nope, but alka seltzer plus severe sinus does it treats your worst sinus symptoms, plus that annoying cough. [ breathes deeply ] ♪ oh, what a relief it is!...
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Nov 30, 2013
11/13
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so a 35% tax rate could increase their taxes and hence, take away after tax disposable dollars that they may invest back into their business, hiring people, et cetera. so that's an important point to take in mind. now, the folks that it would benefit are obviously those that have a higher effective tax rate than the 35%, 'cause then they have more after tax dollars to go out and invest in other areas of their business. >> kyle, taking a look at the overall economy and attracting new business and retaining existing ones to head quarter in the u.s., is the 35% across the board a good incentive? >> arthel, the other piece of this, consider this a spider web. so there is vibrational effects to all this stuff. the goal here is to create jobs domestically. that's definitely a piece of how this legislation is tied in. so if we can bring more businesses back here by not allowing companies in the u.s. to take profits overseas in the international world where they can delay these profits for i think up to five years before paying taxes on them, we can bring jobs back here and make the tax code int
so a 35% tax rate could increase their taxes and hence, take away after tax disposable dollars that they may invest back into their business, hiring people, et cetera. so that's an important point to take in mind. now, the folks that it would benefit are obviously those that have a higher effective tax rate than the 35%, 'cause then they have more after tax dollars to go out and invest in other areas of their business. >> kyle, taking a look at the overall economy and attracting new...
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Nov 6, 2013
11/13
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it is ironic how you can tax marijuana and pay for the schools. and casinnos and lot roar. >> and american fugitive who hijacked a plane to cuba 30 years ago. back in the u.s. what punishment will he face. >> and reaching incredible speed. how does he do it? >> and the heights this man will climb to. >> and the debate over whether secretary sebelius made the case to keep her job. >> in short, madam secretary you were given advice and counsel and warning that the health care exchanges were not going to be ready you chose to ignore the warnings and as a result you put the economy and health care system in jeopardy. you're givi away pie? would you like apple or cherry? cherry. oil...or cream? definitely cream. [ male announcer ] never made wi hydrogenated oil. oh, yeah. [ male announcer ] always made with real cream. the sound of reddi wip is the sound of joy. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male ann
it is ironic how you can tax marijuana and pay for the schools. and casinnos and lot roar. >> and american fugitive who hijacked a plane to cuba 30 years ago. back in the u.s. what punishment will he face. >> and reaching incredible speed. how does he do it? >> and the heights this man will climb to. >> and the debate over whether secretary sebelius made the case to keep her job. >> in short, madam secretary you were given advice and counsel and warning that the...
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Oct 29, 2013
10/13
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argue it is a tax, the supreme court called it a tax, and because it is a tax, you have to pay it first and then seek your refund. this is insane. and so people will have additional tax bill. they must pay the tax bill and petition the irs. begging the irs to have that money paid back to them because there was no insurance policy made available at the time the tax was due. >> that is because of judge roberts' ruling. >> it is because of the supreme court ruling. tax is different than a penalty. if we speed and have a point assessed. if you are i owe a tax and think it is too much. we pay the tax first and get the money back, later. that's what will happen to individuals who will not obtain insurance coverage because obama care doesn't work and the computer system couldn't get them to the insurance carrier and the dead line passed. >> so it is line garnishing the wages. >> it is the moral equivalent, yes. if you owe the tax and don't pay it, your employer will collect tax by taking it out of money that otherwise goes to you and send it to the irs. >> judge, help me with something. you ge
argue it is a tax, the supreme court called it a tax, and because it is a tax, you have to pay it first and then seek your refund. this is insane. and so people will have additional tax bill. they must pay the tax bill and petition the irs. begging the irs to have that money paid back to them because there was no insurance policy made available at the time the tax was due. >> that is because of judge roberts' ruling. >> it is because of the supreme court ruling. tax is different...
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May 18, 2013
05/13
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they will be in charge of taxes and health care? you are hearing a lot of people calling for a flat tax because of this. they have the power because they collect our tax dollars. that's all that gives them power. it is something to be dealt with and i hope that obama care is a huge issue and part of this. and i don't think congress will let it go and be swept under the rug. >> appreciate it. >> it is one of three scandals dogging the obama administration. they are trying to get to the bottom of the benghazi attack. and now house oversite chairman darril issa wants them to meet behind closed doors before he testifies. they are joining us. nissuing a subpeona. darril issa is hoping for more transparency and writing in part to thomas pickering, your refusal to allow staff to interview you is inconsistent with your tough and transparent. i hope you reconsider. ine before the subpona became public a member of the house voiced concern that politics may have provided a lapse in security. >> when i was on the ground i heard from the people
they will be in charge of taxes and health care? you are hearing a lot of people calling for a flat tax because of this. they have the power because they collect our tax dollars. that's all that gives them power. it is something to be dealt with and i hope that obama care is a huge issue and part of this. and i don't think congress will let it go and be swept under the rug. >> appreciate it. >> it is one of three scandals dogging the obama administration. they are trying to get to...
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Jan 6, 2013
01/13
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given the new tax regulations, the fact that the payroll tax savings expired. what benefits are there? wee do we have the housing deduction? does it make sense to keep a morning or buy a house? >> everybody's financial situation is different was. that's why, what might make sense for you might not make sense for me and vice versa. what we are going to do, when we look at every one of these statements, we are going to look at each line item and say, where are we income-wise, where are we expense-wise? are we paying too much interest here, not getting enough there? when have you changing tax regulations, everything the cpas can do to stay up on tmuch less you and i. you do need to seek some professional help -- >> jamie: if you can afford it. michael, if you can afford it! let me tell you the bivetion information. viless than a minute left. i want to give folks, what tax benefits and deductions remain that folks should consider to just try to get back whatever they're having to pay in? >> okay. you know, the mortgage deduction is still in place. for most people,
given the new tax regulations, the fact that the payroll tax savings expired. what benefits are there? wee do we have the housing deduction? does it make sense to keep a morning or buy a house? >> everybody's financial situation is different was. that's why, what might make sense for you might not make sense for me and vice versa. what we are going to do, when we look at every one of these statements, we are going to look at each line item and say, where are we income-wise, where are we...
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Apr 6, 2013
04/13
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which means a tax. this is the danger of what chief justice roberts decided. we have to stand against this. where does it go next? the government will tell you you must do this or we will fine you if you don't accommodate this behavior. >> eric: you are hundred percent right. we dubbed it obamacare for guns, who knows, obamacare for internet. everything you do, they could mandate, by insurance for something or you get fined. >> think about this, if you are the insurance industry, you are leaps and bounds, you are going to create a commodity that has to be purchased it. if you don't purchase it, you are going to fire $10,000. i own five handguns myself so i guess what she is saying, i have to have insurance on each one of those handguns and if i don't there will be $10,000 fine on each one. what they are trying to do is make it so onerous to be able to own a weapon. we see them going after possibly taxing ammunition and, of course going after magazines. this is a way by which they can't take away your second amendment right. they are going to try to make it too
which means a tax. this is the danger of what chief justice roberts decided. we have to stand against this. where does it go next? the government will tell you you must do this or we will fine you if you don't accommodate this behavior. >> eric: you are hundred percent right. we dubbed it obamacare for guns, who knows, obamacare for internet. everything you do, they could mandate, by insurance for something or you get fined. >> think about this, if you are the insurance industry,...
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Oct 9, 2013
10/13
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we all file taxes and so they have our information. i don't think there is added power that they necessarily v. hay have access to the w2s. >> and how dow feel about that. you personally are you cool with that? >> and they have access to the information and so it is nothing new. >> it is not the issue. >> and so yeah, i think that the problem is that in the testimony of the irs official was basically saying if anybody mishandles the information and there are civil and criminal penalties for that. and the problem with that it is true and seeing things go wrong and having the nom and national organizations for marriage and tax information. >> it makes you wonder. and so you are saying you are suspicious, too. dave, go a head. >> i am with her. i am suspicious. they have illegal release of information and they violated the law. we have to look at how they did their jobs. it is not a matter of having our information. data verification and update is important. i worked in a federal agency. census bureau has a large data bank and i worked in
we all file taxes and so they have our information. i don't think there is added power that they necessarily v. hay have access to the w2s. >> and how dow feel about that. you personally are you cool with that? >> and they have access to the information and so it is nothing new. >> it is not the issue. >> and so yeah, i think that the problem is that in the testimony of the irs official was basically saying if anybody mishandles the information and there are civil and...
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Mar 24, 2013
03/13
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the tax code, i'm for a flat income tax and we wouldn't have marriage as part of the tax code. health insurance. i think there is a way to write it where it would be neutral and you wouldn't bring marriage into the whole idea of health insurance. >> will any of that happen. ? joining me, the anchor of "fox news sunday," chris wallace. good to see you. senator paul has taken this spogs. does very the support behind him? >> well, it's going to be interesting because this is directly involves the case on the defense of marriage october that the supreme court is going to hear this week. that case involves a gay couple, same-sex couple, one of the two women died. the other one had had been legally married in the state and she said, therefore, she should get the rights that any spouse gets that the first, at this point $5 million in inheritance is tax free. but doma says same-sex marriage is not recognize at the federal law. she didn't get that federal tax break. that's what doma is all about, as i read what senator paul is saying, he says he would agree with the plaintiff in this ca
the tax code, i'm for a flat income tax and we wouldn't have marriage as part of the tax code. health insurance. i think there is a way to write it where it would be neutral and you wouldn't bring marriage into the whole idea of health insurance. >> will any of that happen. ? joining me, the anchor of "fox news sunday," chris wallace. good to see you. senator paul has taken this spogs. does very the support behind him? >> well, it's going to be interesting because this is...
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Apr 27, 2013
04/13
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that can help put them pressure on republicans to go there way, but raise taxes and mixture of tax and cuts. republicans or holding their ground on this. to go forward will they hold their ground or be somebody giving in? >> heather: just sticking with what happened with the faa is the this a loss for democrats? >> i consider it, not necessarily a loss for democrats, but definitely a win for republicans because they did not have to go for tax increases. in some ways they got the democrats to give in by giving agency flexibility. i don't know if it hurt the democrats because we stopped the delays at the airport and we're still making cuts that will somehow help our massive deficit and debt. that is win for both parties. moving forward it's not clear over whether they will do this again for other agencies. i think that is where we're headed right now. we're going to do it a piecemeal approach dealing with agency cuts. i don't think for democrats it's not necessarily bad thing for them. >> heather: give them all a little more flexibility. i saw an article an opinion piece in the "l.a. tim
that can help put them pressure on republicans to go there way, but raise taxes and mixture of tax and cuts. republicans or holding their ground on this. to go forward will they hold their ground or be somebody giving in? >> heather: just sticking with what happened with the faa is the this a loss for democrats? >> i consider it, not necessarily a loss for democrats, but definitely a win for republicans because they did not have to go for tax increases. in some ways they got the...
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Dec 29, 2013
12/13
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a 3% tax. that will be passed on to the consumer. everybody that signs on to obamacare have to pay a $2 fee. even more of a moderate -- you could say study policy group, that eastern america may have to pay upards up to $6,000 in taxes. if you want to talk about the market place, my point is that the affordable care act, no one is perfect, to make health care affordable is not affordable. let's not go back and repeal it. let's go back to the drawing board and fix. >> it people will think different. >> i a million is not all the people that are supposed to be covered. then there is the 13 million that are illegal immigrants that don't have coverage that will still have on pay for it. it seems like there are a lot of questions and a few answers coming in. >> three months to get increased enrollment to numbers we need. >> taking a look at what it looks like now, i think we covered it. thanks to both of you. i appreciate your time. >> thank you. >> thank you. >> well, from that to the blockbuster "new york times" report this morning have
a 3% tax. that will be passed on to the consumer. everybody that signs on to obamacare have to pay a $2 fee. even more of a moderate -- you could say study policy group, that eastern america may have to pay upards up to $6,000 in taxes. if you want to talk about the market place, my point is that the affordable care act, no one is perfect, to make health care affordable is not affordable. let's not go back and repeal it. let's go back to the drawing board and fix. >> it people will think...
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Feb 10, 2013
02/13
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the top 1% pay 39%, the top 5% pay over 50% of all taxes. if you were to take every cents that everybody that makes more than a million dollars make, it's $726 billion which isn't even enough to close the deficit. the argument i make to her is you can't tax your way out of this problem. you have to cut spending. she says you know, we can tax a lot more than we are now and that the spending that needs to be cut is in different areas, but she certainly supports, for instance, in entitlements. she said you can cut -- there's a lot of waste in the system. a lot of excess money is going to the providers. she said you shouldn't raise the eligibility age for medicare and cut the benefits that go to the patients. >> that's interesting, not raising the age. finally, chris, the president's state of the union on tuesday. they talk about the -- the white house said he will address these economic issues, especially dealing with the middle class. what did you expect him to say? >> well, i think that what you're going to hear is that yes, we do need some s
the top 1% pay 39%, the top 5% pay over 50% of all taxes. if you were to take every cents that everybody that makes more than a million dollars make, it's $726 billion which isn't even enough to close the deficit. the argument i make to her is you can't tax your way out of this problem. you have to cut spending. she says you know, we can tax a lot more than we are now and that the spending that needs to be cut is in different areas, but she certainly supports, for instance, in entitlements. she...
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Feb 10, 2013
02/13
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>>gregg: he raised taxes on minute and now he wants more tax revenues? >> he says he does and the democrats are saying they need another $600 billion in tax revenue. we are not at the issue of spending cuts. no one wants to talk about it in either party. there is leak today that the president in the speech will talk about debt and deficit reduction because they saw the pew poll that shows this is what people care about. the polls show it. the public pegs this debt problem to the part of the reason why the economy is lagging yet the president ignores this. >> he never mentioned any of this in the inaugural. remember, it is not a spending problem? he never mentioned the economy and now the numbers are going down. >>gregg: i only have 60 seconds. marco rubio will deliver the response to the state of the union. what do you make of that? >> he needs to listen to the three of us on your show every week for a year i have been saying the republicans need a positive message. i don't want to see senator rubio coming on there and dumping on the president. forget th
>>gregg: he raised taxes on minute and now he wants more tax revenues? >> he says he does and the democrats are saying they need another $600 billion in tax revenue. we are not at the issue of spending cuts. no one wants to talk about it in either party. there is leak today that the president in the speech will talk about debt and deficit reduction because they saw the pew poll that shows this is what people care about. the polls show it. the public pegs this debt problem to the...
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Sep 28, 2013
09/13
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they had a symbolic vote in march, that was 79-20, 34 democrats who voted to repeal the tax. but now in this course of continuing resolution, watch all of these democrats who vote to keep it. >> so is it possible that amendment number one to delay wouldn't pass, but amendment number two, to repeal the medical device tax, could pass, and we'll get a reprieve? >> well, it is possible that amendment two may not pass, you're right, you have these 34 democrats on the record saying it should be killed. senator al franken called it a tax, there is no indication the democrats are anymore inclined to accept that -- >> except for joe manchin. >> yes, he said he may be up for a delay on the individual mandate. not the whole thing, but the individual mandate. now he says he is going to vote with his team. >> you know, when you do look at the polling data, a great many americans are opposed to de-funding obama care if it means closing the government. but they do like the notion of extending a one-year delay for the individual mandate. and i think that is because there seems to be a fundam
they had a symbolic vote in march, that was 79-20, 34 democrats who voted to repeal the tax. but now in this course of continuing resolution, watch all of these democrats who vote to keep it. >> so is it possible that amendment number one to delay wouldn't pass, but amendment number two, to repeal the medical device tax, could pass, and we'll get a reprieve? >> well, it is possible that amendment two may not pass, you're right, you have these 34 democrats on the record saying it...
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Jun 8, 2013
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, will washington be involve in the irs -- was washington involved in the irs targeting looking for tax exempt status? it hasn't been proven, but more agents are coming out. molly has more. >> at least two irs employees in cinncinati are pushing back against accounts of higher ups in washington that rogue, low-level agents were responsible for targeting conservative groups for extra scrutiny. as lois lerner said -- you may remember she is on paid administrative leave now, but she was in charge of the tax exempt division and blaming the targeting on agents in cinncinati. one of the sense since employees told house investigators that she was, quote,enen fiewr -- enfuriated that lerner blamed them. she says it doesn't work that way. they said the managers have tight inventory control systems. they ged -- they get prints of the inventory so they know exactly what cases we had, how old they are, how long we have them and stuff like that. so these two rogue agents running a muck for three years or even three months, it would never happen. fofacre said her boss in washington, irs lawyer, carte
, will washington be involve in the irs -- was washington involved in the irs targeting looking for tax exempt status? it hasn't been proven, but more agents are coming out. molly has more. >> at least two irs employees in cinncinati are pushing back against accounts of higher ups in washington that rogue, low-level agents were responsible for targeting conservative groups for extra scrutiny. as lois lerner said -- you may remember she is on paid administrative leave now, but she was in...
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Nov 30, 2013
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you can't be politically active and then seek also a tax exempt status. that is what the rules are design topped sure went i'll get the greater clarity as a result of that. >> a lot of cop servetive groups are up in arms over the proposed -- >> they are always up in arms. >> over the rule. >> listen to isa repect his point of view. >> organizing for action. the many hundreds of millions of dollars. 501c4, continues to be active in politics without disclosing the contribution. attacking the group in every way. now they can't forestall it longer they look to change the rule. >> is there a legitimacy? >> legitimacy. the majority groups are conservative and republican. they are trying to change the rule to get the, quote/unquote, greater clarity. which means they look to restrict activities of the group because they weren't effective in doing so. >> you can't argue that greater clarity is sneeded. there is obfacecation, o'bake makeness -- opaqueness about the rule. less than 60% of the activity can be devoted to politicking. >> we find, what the i.r.s. seek t
you can't be politically active and then seek also a tax exempt status. that is what the rules are design topped sure went i'll get the greater clarity as a result of that. >> a lot of cop servetive groups are up in arms over the proposed -- >> they are always up in arms. >> over the rule. >> listen to isa repect his point of view. >> organizing for action. the many hundreds of millions of dollars. 501c4, continues to be active in politics without disclosing the...
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Mar 23, 2013
03/13
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the health insurance tax just drives up the cost of insurance for american families. the president promised if you like what you had, you could keep it in terms of your health care around his plan would actually lower preem ups for families. we have seen a lot of people aren't able to keep what they have if they like it and find they are paying lot more than they were paying before the law came into place. this weekend is the three-year anniversary of the president signing the health care law and people know that it's bad for them as parents, bad for the nurses and cars that take career of them and bad for taxpayers. >> step back for a moment, talk about the fact that the president did wage a charm offensive with the members on the hill. do you have faith that he is serious about getting something done between both republicans and democrats? >> i think it is important to try to get something done in a responsible way to give people assurance and comfort in terms of medicare in terms of social security. i mean, the times of divided government are the times you can acco
the health insurance tax just drives up the cost of insurance for american families. the president promised if you like what you had, you could keep it in terms of your health care around his plan would actually lower preem ups for families. we have seen a lot of people aren't able to keep what they have if they like it and find they are paying lot more than they were paying before the law came into place. this weekend is the three-year anniversary of the president signing the health care law...
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Apr 7, 2013
04/13
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taxes, that's a real big issue. the other thing that was very interesting about the unemployment report was that the retail sector lost 24,000 jobs. that's critical. consumer spending is so important. what we have seen is that we have this payroll tax hike at the beginning of the year that is really starting to work its way through to the economy. people don't have as much money in their pockets. they are not spending as much, so retailers have to cut back on jobs. >> eric: democrattings are blaming the sequester and saying that it cased it. republicans say no, -- >> everybody's -- airlines are now blaming their bad performance on the sequester. my daughter blames her report card on the sequester. it is not worked its way through the system yet to really see that kind of an issue. more importantly, the engine of small business growth, of hirings growth, they are worried about tax, abouthealth care. >> eric: wall sthreet -- look the dow jones is shooting through the roof there. yet, at the same time, a lot of people
taxes, that's a real big issue. the other thing that was very interesting about the unemployment report was that the retail sector lost 24,000 jobs. that's critical. consumer spending is so important. what we have seen is that we have this payroll tax hike at the beginning of the year that is really starting to work its way through to the economy. people don't have as much money in their pockets. they are not spending as much, so retailers have to cut back on jobs. >> eric: democrattings...
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Jan 13, 2013
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their taxes are not so high or their taxes go do help them opposed to paying for mindless bureaucracy. >> norway is number one. peter, will you renounce your citizenship or america still the best country to live? >> why would i renounce being an american? i have great hope and faith in our country. my feeling is we are the most innovative society and welcomes everyone including my grandfather, a cigar maker if lower manhattan in 1902. this is the greatest place to be in the world. we will get through it. we may need new leadership to do it but we will get there. >> i will read this from gerri willis saying the primary reason for the slip in the ranking decline in the number of united states citizen would believe hard work will get them ahead. you say what, peter? >>peter: she is right. when a president manages to get himself elected by having half of the population pay no taxes and saying i will give you new benefits, by taxing more of the 1 percent because we have a lot of envy and we are jealous, that will encourage people not to work and it will encourage people to have a bad state
their taxes are not so high or their taxes go do help them opposed to paying for mindless bureaucracy. >> norway is number one. peter, will you renounce your citizenship or america still the best country to live? >> why would i renounce being an american? i have great hope and faith in our country. my feeling is we are the most innovative society and welcomes everyone including my grandfather, a cigar maker if lower manhattan in 1902. this is the greatest place to be in the world....
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Feb 9, 2013
02/13
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so in basically what's happened as of now, the tax preparer is no longer need to obtain a tax i.d. number, pass qualifying exams and don't have to complete these yearly education requirements. however, all of the taxpayers can still volunteer to do all of the above. that is who you want to go to. >> they still are to get that tax i.d. number, but they don't have to meet education requirements. they don't have a pass a competency test. these are nonprofessionals. so we're not talking about cpa's, tax attorneys, registered agents with the irs. these are nonprofessionals. the mom and pop operations, the local guys, by the way, they usually do a pretty good job. usually at a much fairer price than a cpa firm or one of these national firms. we don't want to paint everybody with the same brush. you just want to make sure they're qualified. they have a history of doing this. good record with the better business bureau. doesn't hurt if they get recommended by an attorney or financial advisor. got to go with your eyes open. >> arthel: go with your eyes open. >> remember, you sign that retur
so in basically what's happened as of now, the tax preparer is no longer need to obtain a tax i.d. number, pass qualifying exams and don't have to complete these yearly education requirements. however, all of the taxpayers can still volunteer to do all of the above. that is who you want to go to. >> they still are to get that tax i.d. number, but they don't have to meet education requirements. they don't have a pass a competency test. these are nonprofessionals. so we're not talking about...
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Mar 3, 2013
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low tax, low regulatory, and fewer boneheaded liberals. come on over. the water is fine, beretta. we need you. >> gentlemen, thank you both very much, we need you. that's it for "fox & friends" this weekend. america's news headquarters starts now. we'll see you next weekend. thanks for watching. >>> mitt romney and his wife ann in their first interview since the november election. mr. romney on the race, his loss, and his and the nation's future. only we have it this morning on this sunday morning right here in the fox newschannel. republican nominee also weighs on the budget mess in washington that he is calling a rare opportunity to solve financial problems. and good morning, everyone, and welcome to america's news headquarters on this sunday morning. i'm eric shawn. >> great to see you, eric. good morning to all of you. i'm jamie colby. mitt romney opening up about settling into his new quiet life after a whirl wind presidential campaign. peter doocy live from our washington bureau with a bit of a preview. what's he been up to, peter? >> reporter: we heard mitt romney say in hi
low tax, low regulatory, and fewer boneheaded liberals. come on over. the water is fine, beretta. we need you. >> gentlemen, thank you both very much, we need you. that's it for "fox & friends" this weekend. america's news headquarters starts now. we'll see you next weekend. thanks for watching. >>> mitt romney and his wife ann in their first interview since the november election. mr. romney on the race, his loss, and his and the nation's future. only we have it...
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Nov 2, 2013
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maybe through tax increases and closing tax loopholes. republicans are going to try to hold the line. hold on to those cuts, but shuffle the cuts around in a way they favor more. that's the fight over that. i don't think we will get a tax code reform or entitlement spending. >> you know everyone's poll numbers took a hit after the obamacare debacle and debate. do you think this time poll numbers will matter or public opinion will weigh in the budget talks, or is it a different tight this time, if you will? >> the poll numbers will matter, but in this case if you don't have the fight over a government shutdown, republicans may feel safer in pushing for maintaining the spending cuts. they feel like they have the upper hand with the public on this one because so many in poll numbers in the public have said they want to see our debt and deficit under control. so the republican thinking right now on capitol hill is they can fight for these spending cuts and the public will back them. >> the democrats are thinking they have the stronger positio
maybe through tax increases and closing tax loopholes. republicans are going to try to hold the line. hold on to those cuts, but shuffle the cuts around in a way they favor more. that's the fight over that. i don't think we will get a tax code reform or entitlement spending. >> you know everyone's poll numbers took a hit after the obamacare debacle and debate. do you think this time poll numbers will matter or public opinion will weigh in the budget talks, or is it a different tight this...
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Mar 16, 2013
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. the longest 4g lte battery in a razr thin profile. with 32 hours of battery life that turns an all-nighter, into a two-nighter. the droid razr maxx hd by motorola. droid-endurance. droid-powerful. >> rick: 33 minutes after the hour. here are your top headlines. rand paul taking the top spot in the cpac presidential straw poll. florida senator marco rubio coming in a close second. the conference features -- it's just wrapping up. >> arthel: now reports that north korea test fired a pair of short-range missiles. that's according to south korean military officials. the launch comes during u.s. and south korean joint military exercises. >> rick: defense secretary chuck hagel opening a new
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. the longest 4g lte battery in a razr thin profile. with 32 hours of battery life that turns an all-nighter, into a two-nighter. the droid razr maxx hd by motorola....
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Mar 24, 2013
03/13
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property taxes are down. it's time for new solutions. >> shannon: other districts have allowed company representatives to spend time in the classroom, further pushing the domain at the kids. an increasing number of parents are concerned that it's a cynical ploy by corporations. >> the companies are noting did this out of the goodness of their heart. they are doing because they want to get the lifetime brand loyalty. school districts really need tong about this. this is not a donation. this is -- this is corporations looking to target children. >> shannon: and advertising to children is more than turning thome future consumers tleads to childhood obesity and violence. >> jamie: we report, you decide. we'll be right back. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it.
property taxes are down. it's time for new solutions. >> shannon: other districts have allowed company representatives to spend time in the classroom, further pushing the domain at the kids. an increasing number of parents are concerned that it's a cynical ploy by corporations. >> the companies are noting did this out of the goodness of their heart. they are doing because they want to get the lifetime brand loyalty. school districts really need tong about this. this is not a...
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Mar 17, 2013
03/13
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and next week as tax time draws near we will take up more of your tax questions. tweet us. back to you. >> get the tax questions in. we have an expert right here brenda, thank you. >> shannon: how is small business feeling about the economy? a key small bis confidence index just out edged up last month but still low by historical levels injuries the main problem slow sales. a third of the owners is surveyed said sales are down in the past three months compared to the prior three. only two in ten posted higher sales in the same time period. another issue is credit. many small businesses continue to find it difficult to obtain. well, is this small event a big deal in enterprise, alabama. we will take you to a parade fit for a leprechaun, next. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. to book this fab
and next week as tax time draws near we will take up more of your tax questions. tweet us. back to you. >> get the tax questions in. we have an expert right here brenda, thank you. >> shannon: how is small business feeling about the economy? a key small bis confidence index just out edged up last month but still low by historical levels injuries the main problem slow sales. a third of the owners is surveyed said sales are down in the past three months compared to the prior three....
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Sep 21, 2013
09/13
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thank you. >> what you factor in all of the property taxes people pay, mostly for education, it is almost insane. >> it goes to -- usually it is well spent, but are you right. it is a lot of money and people don't factor that in. that's how they get underwater. oh wait. i think it goes to good use. >> live and learn. education is very important, you are right. >>> attorneys for aaron hernandez are calling the evidence against him circumstance shall in his murder case. well, what does that really mean for prosecutors? are they smoking something? what about the defense? our legal team is really good, and they will be here in just a moment. humans. we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back, offering exclusive products like optional better car replacement, where if your car is totaled, we give you the money to buy one a model year newer. call... and ask an insurance expert about all our benefits today, like our 24/7 support and service, because at liberty mutual insurance, we believe our customers do their best out t
thank you. >> what you factor in all of the property taxes people pay, mostly for education, it is almost insane. >> it goes to -- usually it is well spent, but are you right. it is a lot of money and people don't factor that in. that's how they get underwater. oh wait. i think it goes to good use. >> live and learn. education is very important, you are right. >>> attorneys for aaron hernandez are calling the evidence against him circumstance shall in his murder case....
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Jan 6, 2013
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taxes and $1 cut in spending. they went crazy. the republicans screwed republican red states. if you live in texas, your taxes, you will be, because of the alternative minimum tax, you pay five times more tax increase than if you live in new york. they could not predict their own people. worse than anything is the self-dealing. no one is for cutting spending in their own special interests and the american people should be angry. >>gregg: this is the most progressive tax system since 1979, .7 percent, less than 1 percent, john. now pay 40 percent of all federal taxes. >> the big story here, to me, is that the republicans who run the house of representatives and who negotiated the deal over in the senate with the vice president, republicans are the ones who allowed this to happen. they caved. john boehner, the speaker of the house of representatives is the most e speaker in our lifetime, the night this was adopted in the senate which was last sunday, right away, immediately, cantor, the majority leader, announced, i
taxes and $1 cut in spending. they went crazy. the republicans screwed republican red states. if you live in texas, your taxes, you will be, because of the alternative minimum tax, you pay five times more tax increase than if you live in new york. they could not predict their own people. worse than anything is the self-dealing. no one is for cutting spending in their own special interests and the american people should be angry. >>gregg: this is the most progressive tax system since 1979,...
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Apr 28, 2013
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. >> shannon: we know you have tax credit and many others. we'll keep an eye on those. on the overall debate as it plays out. senator leland vittert, thank you for your time. >> thanks very much, shannon. >> shannon: much more coming up in the next hour of america news headquarters, live from washington, including the situation in syria. regime under siege. allegations of chemical weapons. red lines potentially crossed. maryland senator, democrat ben harden joins to us tell us what if anything he thinks the u.s. should do next. and a little bit later -- >> i'm jonathan serrie. tennessee residents complain about the textbook in use in the state public schools. it will show you what it's all about coming up. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. .. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. ...amelia... neil and buzz: for teaching us that you can't create the fut
. >> shannon: we know you have tax credit and many others. we'll keep an eye on those. on the overall debate as it plays out. senator leland vittert, thank you for your time. >> thanks very much, shannon. >> shannon: much more coming up in the next hour of america news headquarters, live from washington, including the situation in syria. regime under siege. allegations of chemical weapons. red lines potentially crossed. maryland senator, democrat ben harden joins to us tell us...
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Sep 29, 2013
09/13
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that's why the tax is there. but i'm willing to look at that, but not with a gun to my head. >> reporter: so the next play at some point tomorrow afternoon we expect the senate will reject the house-passed bill. then it's the house's time to act. they say they're going to go after the president's health care law again. expect some ping-ponging of bills as the clock is running out. >> that clock is ticking and the pressure is on. thanks, mike. >> and this has happened before and it can happen again. so let's take a closer look at the real impact if there's a government shutdown. failing to reach that budget deal before tuesday could have far-reaching consequences for millions of americans. and steve san tan ni joins me live from washington taking a look at that. >> hi, jamie. as the center of government activity, washington, d.c.'s bracing itself for the biggest impact from a possible government shutdown but the effects will be felt across the country. if the shutdown happens, the nation's 401 national parks would
that's why the tax is there. but i'm willing to look at that, but not with a gun to my head. >> reporter: so the next play at some point tomorrow afternoon we expect the senate will reject the house-passed bill. then it's the house's time to act. they say they're going to go after the president's health care law again. expect some ping-ponging of bills as the clock is running out. >> that clock is ticking and the pressure is on. thanks, mike. >> and this has happened before...
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Jan 20, 2013
01/13
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first term he reached across the aisle and got tax cuts for everyone even though the united states senate switched majority control from republicans to democrats in may of his first year in office. then he worked across the aisle to get education reform done. it can happen, but it takes a president who is willing to be presidential and really lead rather than just demand. >> eric: do you think he can take a page from george w. bush. what did you advise the president at that time and what lessons from that experience that president obama can take as he enters into his second term? >> president bush had the advantage of being a governor where he had to work with other people on the other side of the aisle. he did that successfully in texas. when he got to washington, d.c. he was committed to govern the country, not just the one that demanded change. he wanted to work with the democrats and republicans to bring change to reality. he did a pretty good job of it. very first meeting that george w. bush had at the white house with people outside were leaders of the democratic party. he brought i
first term he reached across the aisle and got tax cuts for everyone even though the united states senate switched majority control from republicans to democrats in may of his first year in office. then he worked across the aisle to get education reform done. it can happen, but it takes a president who is willing to be presidential and really lead rather than just demand. >> eric: do you think he can take a page from george w. bush. what did you advise the president at that time and what...
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Oct 15, 2013
10/13
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including the repeal of the medical tax. and making sure the bcs numbers stay in place. and giving access to better management. the american people are tired of looking at both sides and saying get results now. and i am glad to see the house acting and that's why i was disappointed with senator reid dismissing it. instead of saying it is good they're. >> dow think senator reid was speaking on his behalf. dow think the president is trying to break the backs was republicans in the house? >> i believe that harry reid. the white house came out with a similar statement, i don't know if he is speaking on behalf of the white house. i didn't support the defunding strategy because this is where we would end up and not deliver a result. i do think at this point that the president is overplaying his hand with ill concieved strategy. and so it is time for everyone to get it together and get it resolved and to see harry reid dismiss the house plan is not the right thing to do and it is time to let the house if they can pass something get it done. but is the president trying to break
including the repeal of the medical tax. and making sure the bcs numbers stay in place. and giving access to better management. the american people are tired of looking at both sides and saying get results now. and i am glad to see the house acting and that's why i was disappointed with senator reid dismissing it. instead of saying it is good they're. >> dow think senator reid was speaking on his behalf. dow think the president is trying to break the backs was republicans in the house?...
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Oct 12, 2013
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. >> it doesn't appear as though the president wants anything except more tax revenue with tax increases yet again. >> no deal as far as we're concerned. >> while the president has rejected every offer we made. i guess wait to see what the senate comes up with. >> meanwhile, there had been great interest on the senate side of another proposal that was put together by moderate republican susan collins of maine that would, among other things, fund the government for six months. and delay the medical device tax for two years. but the senate majority leader harry reid today gave a very dim sign and of course about what he thought of that proposal. here's harry reid. >> it's really hard to comprehend but four days from today -- unless and until a few extremist republicans, we hope it's a few, too radical to compromise, could force a default on the nation's financial obligations. >> and just moments ago, jamie, we learned that the senate did indeed reject the collins proposal. so where does that leave us? certainly republicans from the polls we're taking a larger hit in the polls for this gove
. >> it doesn't appear as though the president wants anything except more tax revenue with tax increases yet again. >> no deal as far as we're concerned. >> while the president has rejected every offer we made. i guess wait to see what the senate comes up with. >> meanwhile, there had been great interest on the senate side of another proposal that was put together by moderate republican susan collins of maine that would, among other things, fund the government for six...
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Dec 8, 2013
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he said lower the tax rate dramatically, 5% corporate and individual tax rate. school choice, education tax credits. various provisions to make it easier for people to invest in the inner city. he said, look, we tried government solutions. they haven't worked. so let's try market-based solutions, and that's his answer to a lot of these issues. i have to tell you, a steep road they have to climb. in detroit, for instance, in 2012, obama got 97% of the vote. mitt romney, 2%. >> does he actually believe the unemployment number? you know, there's been some speculation that it doesn't really accurately reflect what the situation is in our country? >> well, he points out the fact that for blacks, the unemployment rate is roughly double what it is for whites. and you know, regardless of what the statistics are, he understands there's a serious unemployment problem around the country but especially with minorities in the inner cities. he's saying that the typical liberal democratic solution is not the right way to go, that you need to go market-based and try something e
he said lower the tax rate dramatically, 5% corporate and individual tax rate. school choice, education tax credits. various provisions to make it easier for people to invest in the inner city. he said, look, we tried government solutions. they haven't worked. so let's try market-based solutions, and that's his answer to a lot of these issues. i have to tell you, a steep road they have to climb. in detroit, for instance, in 2012, obama got 97% of the vote. mitt romney, 2%. >> does he...
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Jun 22, 2013
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he does not even have tax expertise. why was he going there over 300 times? >> look, i don't disagree with angela that the irs is antiquated and fbi could use revisions itself. i think that what we are seeing here, though, is just a smoking gun. with no ammunition, nothing. we are talking about a guy who was there to deal with the affordable care act. right. most of the visits lifted were under health care reform and we know that the ata will be working closely with the irs around the tax code. some 500 provisions that were going to be -- that will be needed to overhaul. you know, i don't think there is a big mystery. i don't think there is a huge -- >> do you need to go to the white house that many times to say okay, we are going to hire over 00,000 people on oversee obama's health care progress? >> his predecessor told fox news he only went one time and in talking about the irs taking over obama care and how is it that administered and fines administered and all that, he said that the involvement of the services is major domestic initiative like the afforda
he does not even have tax expertise. why was he going there over 300 times? >> look, i don't disagree with angela that the irs is antiquated and fbi could use revisions itself. i think that what we are seeing here, though, is just a smoking gun. with no ammunition, nothing. we are talking about a guy who was there to deal with the affordable care act. right. most of the visits lifted were under health care reform and we know that the ata will be working closely with the irs around the tax...
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Jan 12, 2013
01/13
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now you're saying that we would be taxed to death if the debt ceiling is not raised. what kind of an impact -- give me a dollar amount. how much would we have, how much additional money would we have pulled from our weekly paychecks if we don't raise the debt? >> if we don't raise the debt ceiling, at that means somehow we'll have to come up with a million and a half more dollars, excuse me, a million -- 1 1/2 trillion dollars more every year to pay for the shortage that we have every single year. so you can only imagine how much more tax we're going to have to have in order to do that. that's why it's pretty much a foregone conclusion that we are going to raise the debt ceiling. >> rick: we also hear people say that if we don't increase the debt ceiling, that the credit rating agencies would downgrade our nation's credit. what does that mean for folks at home? >> that's a great point, 'cause it's going to happen either way because when we look at the credit rating, what they do is say, what is the possibility that this company or in this case, this country can pay on
now you're saying that we would be taxed to death if the debt ceiling is not raised. what kind of an impact -- give me a dollar amount. how much would we have, how much additional money would we have pulled from our weekly paychecks if we don't raise the debt? >> if we don't raise the debt ceiling, at that means somehow we'll have to come up with a million and a half more dollars, excuse me, a million -- 1 1/2 trillion dollars more every year to pay for the shortage that we have every...
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Nov 27, 2013
11/13
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they remain in the tax exempt status. and no more single endorsement of a candidate or candidates or you lose the tax exempt status. and it will limit voter registration efforts and a lot of money that has appeared to go to one side or another. >> and there you go. >> the administration could do this. there is not congressional approval. >> they are asking for public comment. they are cautious, especially considering that they had an investigation byap overseer the irs that slammed them and it did appear they were targeting tea party groups. they are extra cautious. it is going to take a long time and certainly will not weigh in for the 2014 election. both sides are looking at this and crying foul. >> thank you, liz. here in new york, good to have you. >> happy thanksgiving. >> listen up, bill. mother nature threatening a new york tradition. high winds could ground four dozen of the huge balloons in the macy's thanksgiving day parade. they have been on alert for windy conditions since a woman was injured in 1997. the ball
they remain in the tax exempt status. and no more single endorsement of a candidate or candidates or you lose the tax exempt status. and it will limit voter registration efforts and a lot of money that has appeared to go to one side or another. >> and there you go. >> the administration could do this. there is not congressional approval. >> they are asking for public comment. they are cautious, especially considering that they had an investigation byap overseer the irs that...
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May 11, 2013
05/13
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the tax code is a problem. the tax code is murky. it needs to be changed overall. that's for folks to be in the irs that are basically running the place and talk about having tax exempt status, that needs to be looked at and looked at a lot closer. i do agree with jehmu on that because what it is, there is supposed to be welfare organization that aren't supposed to be overwhelmingly political. what does that mean exactly? it's really kind of broad. >> rick: jehmu, at the end of this week the white house on its heels a bit? >> look, i think if the republican party is going to survive by only going after investigations and not providing an actual vision, no, the white house isn't on its heels and democrats will do just fine in 2016. >> they are gentlemen jet mate issues, but that can't be their saving grace is going to be investigations. >> americans died and money -- people are being targeted, political things, it's not good. >> it was a bush appointee. >> it doesn't matter. he was wrong. >> president obama picked up the phone, called a bush appointee and said do th
the tax code is a problem. the tax code is murky. it needs to be changed overall. that's for folks to be in the irs that are basically running the place and talk about having tax exempt status, that needs to be looked at and looked at a lot closer. i do agree with jehmu on that because what it is, there is supposed to be welfare organization that aren't supposed to be overwhelmingly political. what does that mean exactly? it's really kind of broad. >> rick: jehmu, at the end of this week...
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Oct 5, 2013
10/13
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we need to lower tax rates, broaden the tax base to create an economy of economic growth because you can't balance a budget, uma, on the backs of the unemployed and the underemployed. you've really got to get full employment. growth is the only answer to the grade of u.s. debt. if we are producing well, making lots of profits and fully employed. believe me, our bonds will be upgraded, not downgraded. >> the bottom line, you not that worried about this at the moment? >> i'm not worried about this at all. i am worried about the behavior of the president, frankly, because i think he should be seeking conciliation and not conflict. conflict, even though it may support his party, it won't support america. >> thank you so much for your insights. >> thank you, uma. >>> we've been asking you at home if you think the shutdown has gone on long enough or if the house gop should hold firm and get a deal on obama care? so here's one front one who says he's nervous about the outcome for the republican party. he says this is the last t battle the gop is fighting. they can't know -- they can't win s
we need to lower tax rates, broaden the tax base to create an economy of economic growth because you can't balance a budget, uma, on the backs of the unemployed and the underemployed. you've really got to get full employment. growth is the only answer to the grade of u.s. debt. if we are producing well, making lots of profits and fully employed. believe me, our bonds will be upgraded, not downgraded. >> the bottom line, you not that worried about this at the moment? >> i'm not...